Diversified Energy Share Discussion Threads

[whites123] 16/1/2024 10:41

Irrespective, they have teeth.

And they will ensure carnage is created.

New lows to be tested?

[loganair] 16/1/2024 10:16

Even if one is paying the U.S. with held tax, DEC is still has a dividend yield of 20% which means in less than 5 years one gets ones initial capital investment back.

[davocon] 16/1/2024 10:10

I took advantage of the daft pricing to put the last 5k of my USA allowance in yesterday at 9.94.
Looking forward to receiving the divi’s and at some point some sanity returning to the price.

[mindthestash] 16/1/2024 10:09

As a long term holder there are a couple of things occuring to me which give cause for concern.

1. Long term FD resigns. Its a not a complex business model but its not an east-read either. so open space for those who wish to make mischief/money.

2. The so called green agenda seems to have captured the mindset of the many middle and leftish politically and under 30's to a degree of religious fervour. it doesnt matter that they cant see carbon fuels as the transition/back-up energy for 15 to 20 years esp gas.

Hoping the update numbers and the divi will call off the dogs but i'm minded to think there's an easy target in DEC for future trouble based on fake science reports as ammo for shorting.

[parob] 16/1/2024 10:08

Guys, what is the current dividend yield please at this price?

[t 34] 16/1/2024 09:53

The Company further confirms there has been no material change to its financial and operational condition.

[loganair] 16/1/2024 09:50

Currently DEC is running at 58.5% below its 1 Year High and 65.3% below its 3 Year High.

Also around 50% below its not so long ago Placing.

[topazfrenzy] 16/1/2024 09:48

Very recent analyst Price Targets (after the US Congress attack letter) are all sitting at above 3000 (except for Investec yesterday which is at 1300)

[topazfrenzy] 16/1/2024 09:46

Storm in a tea cup ...

there is nothing new regarding the plugging of the wells that we did not know from 2021 ... reheated story to help some sharks get in cheaply

I for one would like to see the dividend maintained so that anyone short would have no choice but to exit

[1knocker] 16/1/2024 09:37

The RNS was unambiguous, but the fall continues. It is difficult to think what more can be said to steady the ship. I can't see where the bottom is, or what bounce (as unexplained as the drop) might occur.
Best wishes to all,
Baffled of Tunbridge Wells !!

[johnhemming] 16/1/2024 09:19

As I see it the company wants to do more acquisitions so it will hold back liquidity for that rather than doing massive buybacks.

However, it could do a DP lion deal for the remains of the revolving credit facility it could then sell a controlling interest in those subsidiaries and end up with more cash than the market capitalisation and a cash profitable business.

Its not a good business strategy, but this is not a company with limited liquidity. It is simply a company that wants to reserve cash for acquisitions.

[marksp2011] 16/1/2024 09:06

Thanks LAb

I am sure everyone is really grateful for your "I told you so" posts.

[marksp2011] 16/1/2024 09:04

Guys

A dividend cut doesn't matter. The current yield is north of 25%. Even if they halved the divi, the share price would rise strongly

[bountyhunter] 16/1/2024 09:00

and just 4 of them rehashing an out of date report wasn't it?

[wskill] 16/1/2024 08:51

Not Congress a small committee of democrats who are not in a majority in the house.

[whites123] 16/1/2024 08:48

New lows to be tested ?

Congress have not even shown their teeth yet, they are still busy sharpening them.

[bulltradept] 16/1/2024 08:41

Slowly slowly catchy northerner..

[bountyhunter] 16/1/2024 08:35

Creeping into positive territory.

[nigelpm] 16/1/2024 08:32

Fascinating tussle between bulls and bears both in terms of views and share price action. Bears have got an uphill struggle with upcoming dividend so a situation when combined with the share buyback could see an almighty spike in the near future.

Will continue to be volatile.

[aleman] 16/1/2024 08:11

I understood that the big discrepancy between the market's cost+profit price and the DEC cost-only price for plugging wells was a massive shortage of plugging equipment after the US government suddenly injected $5bn of funding into the market, causing a huge surge in demand and huge expansion in market profit margin for the limited number of companies operating in the field. I can't confirm this is the case. I don't suppose either the government or DEC would be in a big rush to explain such a situation, if so.

[bountyhunter] 16/1/2024 08:09

That seems rather high but I'm no expert, I guess someone will know.

[renewed1] 16/1/2024 08:00

A cumforting RNS....so long as the politicians dont stir the pot.

[apollocreed1] 16/1/2024 07:53

I once read that it costs £70k for a company to issue an RNS. Can anyone confirm that? Seems like a real waste of money being forced upon DEC by an irrational market.

[kaos3] 16/1/2024 07:45

note that a financing solution is required to maintain
the dividend story.....

i do not understand... is it loans....

as long the banks get rich and safe i see no problem there. and most do not know ... banks are already punished with regulations holding co2 loans with reserve costs... it only can get better probably